Myanmar Bank missive suggests junta seeks more than financial ties with Russia — Radio Free Asia

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A branch of the Myawaddy Bank in Yangon's Yanken township, in a file photo. Credit: RFA

Recent moves by the Central Bank of Myanmar to promote cooperation between military-owned lenders and their Russian counterparts suggest the junta is seeking more than financial ties to the Kremlin and may be brokering a back channel for arms deals, analysts said Wednesday. In an April 25 letter, the Central Bank of Myanmar told the

France, Germany and Luxembourg seize assets of Lebanon’s central bank chief

Posted on by superadmin | 1005 Views | 10 min read
France, Germany and Luxembourg seize assets of Lebanon’s central bank chief

The seizures are connected to a probe introduced by French detectives last year into the individual wealth of Riad Salameh, the reserve bank chief in crisis-hit Lebanon.” Five properties in Germany and France were taken in addition to a number of bank accounts” were frozen, Eurojust stated in a statement.The Hague-based Eurojust stated the operation

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